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Property Description
***Incredible Investment Opportunity***3960 Stonedike Drive in Colorado Springs, Colorado, represents a compelling opportunity to acquire a stabilized multifamily asset in one of the state's most dynamic rental markets. This well positioned property offers four spacious 2 Bed/1 Bath units featuring updated windows, functional layouts, and on-site laundry facility. Strategically located near key employment hubs, major transportation corridors, and retail centers, the property benefits from strong renter demand and minimal vacancy risk. The surrounding neighborhood continues to experience robust population and economic growth, supporting consistent rent appreciation and long-term value stability. This asset provides investors with a reliable income stream and potential for continued rent growth, supported by the region's constrained housing supply and downward trending occupancy rates. With no need for professional management and limited near-term capital needs, 3960 Stonedike Drive offers both operational efficiency and scalability within a resilient submarket. The property's strong fundamentals, attractive location, and positive market outlook make it an ideal acquisition for investors seeking a secure, cash-flowing multifamily investment in the Colorado Springs market.
Full Property Details
Full Property Details for 3960 Stonedike Dr
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General
- Sold For: $640,000
- Taxes: $2,492 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MetroList_Colorado
- MLS ID: 3598101
- Added to Site: 69 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Fireplace: Yes
- Number of Fireplaces: 4
- Appliances: Cooktop, Dishwasher, Range, Refrigerator
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Rain Gutters
Parking
- Total Spaces: 8
- Parking Features: Asphalt
Location
- County: El Paso
- Subdivision: Holland Park
School Information
- Elem School District: Colorado Springs 11
- High School District: Colorado Springs 11
- Elementary School: Jackson
- Middle School: Holmes
- High School: Coronado
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Structure Type: Quadruplex
- Construction: Stucco
- Roof: Shingle
- Common Walls: 2+ Common Walls
- Entry Location: Corridor Access
- Square Feet: 3,400
- Sq. Ft. Source: Public Records
- Living Area: 3,400 Sq. Ft.
- Year Built: 1980
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,240
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Near Public Transit
- Zoning: R5
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $2,492
- Tax Year: 2024
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: LOT 4 HOLLAND PARK WEST FIL NO 4 COLO SPGS
- Exclusions: none
- Property ID: 73253-14-004
Listed and Sold by Cushman & Wakefield
Listing agent
— 3960 Stonedike Dr —
Cushman & Wakefield
Nic.Polaski@cushwake.com,719-238-9074
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 3960 Stonedike Dr
School District:Colorado Springs School District 11
| Name | Grades | Distance |
|---|---|---|
Jackson Elementary School, Colorado Springs, CO 4340 Edwinstowe Avenue, Colorado Springs, CO 80907 | PK-5 | 0.5 mi |
Holmes Middle School 2455 Mesa Road, Colorado Springs, CO 80904 | 6-8 | 1.6 mi |
Coronado High School 1590 West Fillmore Street, Colorado Springs, CO 80904 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
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3960 Stonedike Drive, Colorado Springs, CO 80907 (MLS# 3598101) is a Multi-Family property that was sold at $640,000 on December 16, 2025. Want to learn more about 3960 Stonedike Drive? Do you have questions about finding other Multi-Family real estate for sale in Colorado Springs? You can browse all Colorado Springs real estate or contact a Coldwell Banker agent to request more information.